Unsecured business loan lending in New Zealand is a common way for businesses to secure funds for growth, to improve their cashflow, purchase tools and equipment and more. No security is required for an unsecured loan and generally the application process is quicker and less documentation is required. An unsecured business loan is assessed on the business income so there are limitations on how much can be borrowed, especially if a business has a low turnover.

Different lenders will offer unsecured loans up to $50k, $100k, $500k depending on their individual criteria so it is important to do you research on what each lender offers to see if they can meet your funding requirements.Compare Business Loans are partnered with multiple lenders who offer unsecured loans and also an unsecured line of credit. To save you time and help you get approved funding we can prepare and write up your application + get your business to a lender most likely to approve your finance and give you a good interest rate.

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